G20 in English

The Group of Twenty (G20) is an international forum composed of nineteen countries and the European
Union. Its members include the world's largest economies and represent around 80% of global GDP. Learn
about the history, significance, and future of the G20 in this comprehensive guide.
DJ by Dhairya Jivani
Introduction to G20
The G20 was founded in 1999 as a response to the financial crises of the late 1990s. It serves as a platform
for finance ministers and central bank governors to discuss global economic issues and promote
international financial stability and sustainable economic growth.
G20 Members
Permanent Members
The G20 includes major economic powers such as
the United States, China, Japan, Germany, the
United Kingdom, France, and India.
Rotating Members
The remaining members are selected from different
regions of the world to promote global
representation and inclusivity.
History of G20
The G20 traces its roots back to the G7, a group formed in 1975 to discuss economic issues among major
industrialized nations. Over time, the G7 recognized the need to involve emerging economies in global
economic governance, leading to the expansion of the group to include the G20.
G20 Summits & Agendas
1 First Summit (2008)
The global financial crisis dominated the agenda, with leaders discussing measures to
stabilize the markets and prevent future crises.

2 Recent Summits
Subsequent summits have covered diverse topics, including climate change, trade,
development, and digital economy.

3 Upcoming Summit
2022 will see the G20 discuss pressing issues such as the post-pandemic recovery, climate
action, and equitable economic growth.
Issues Discussed in G20
Global Trade
Promoting free and fair trade
and resolving trade disputes
to ensure global economic
stability and growth.
Climate Change
Tackling climate change
through sustainable
development and
transitioning to a low-carbon
economy.
Income Inequality
Addressing income
disparities and promoting
inclusive growth to reduce
poverty and improve living
standards worldwide.
G20 and the World Economy
The G20 plays a crucial role in shaping the global economic agenda and coordinating policy responses
in times of crisis. Its decisions and commitments have a direct impact on financial markets, trade,
investment, and economic prospects worldwide. The group's actions influence economic growth,
stability, and prosperity for billions of people.
Future of G20
The future of the G20 lies in its ability to adapt and stay relevant in a rapidly changing world. As new
challenges and opportunities emerge, the G20 must continue to leverage its diverse membership, promote
international cooperation, and strive for inclusive and sustainable economic development.